Rising RD capacity in US sets monthly feedstock consumption record in June: EIA

Rising RD capacity in US sets monthly feedstock consumption record in June: EIA

Biodiesel and renewable diesel (RD) capacity in the US increased in June, according to data released on Friday August 30 by the US Energy Information Agency (EIA). Rising capacity led to an all-time high in monthly feedstock consumption.

Biomass-based diesel (BBD) capacity reached a record high of 6.9 billion gallons per year, or 577 million gallons per month in June. Rapid growth in the RD sector has come from major oil companies looking to take advantage of market opportunities in the RD sector.

Biodiesel capacity was unchanged month on month in June at 2.022 billion gallons after increasing in both April and May. But biodiesel capacity has been on a slow decline since 2022 and is down by 2.9% year on year.

RD capacity increased by 322 million gallons in June to 4.9 billion gallons, up by 7% from May and by 32% from June 2023, as Phillips 66’s Rodeo renewable diesel plant reached full production capacity.

Membership is required to view the rest of this post.
Click here to learn more and sign up for a free 7-day trial!

Blog

12.31.2024

US consumed 5 billion gallons of RD, biodiesel in 2024: CFAA

US consumed 5 billion gallons of RD, biodiesel in 2024: CFAA

The US is on track to consume more than five billion gallons of biodiesel and renewable diesel for the first time, the Clean Fuels Alliance America (CFAA) said in...

12.31.2024

Market activity remains muted amid New Year’s holiday

Market activity remains muted amid New Year’s holiday

The US animal fats and oils markets were unchanged on Tuesday December 31, as market activity remained muted amid the New Year's holiday.

Prices for choice white grease...

12.31.2024

US weekly soybean, wheat, corn export inspections drop

US weekly soybean, wheat, corn export inspections drop

Weekly export inspections
Export inspections of US grains showed a decline for corn, soybean and wheat in the week to December 26, according to data from the USDA released...

Latest Tweets